The Feds have bailed out Fannie and Freddie, once more demonstrating the unique principle of: Free Enterprise Profits and Socialized Losses.
Huge corporations gouge us consumers for all they can get, and when they screw up they continue paying themselves with our tax dollars. Sweet!
Funny how the folks who foam at the mouth over Socialized Medicine don't bat an eye at Socialized Lending Institutions.
And by the way, can it be that the economy of this mighty nation is really dependent on a "Fannie" and "Freddie"?
Hey, when do Larry and Curly get into the act?
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